TIDMBME

RNS Number : 2961X

B&M European Value Retail S.A.

19 December 2023

19 December 2023

B&M European Value Retail S.A. (the "Company")

PCA Notification

We refer to the Company's announcements made on 13 and 15 December 2023.

In accordance with its regulatory obligations, the Company is publishing below the contents of a "person closely associated with" ("PCA") notification received in relation to the sale of shares in the Company by SSA Investments S.ar.l. ("SSA") last week.

The PCA notification was a regulatory requirement of SSA as it is a PCA connected with Bobby Arora (who is a "person discharging management responsibilities" in relation to the Company) notwithstanding that Bobby Arora's beneficial shareholding in the Company remains unchanged.

As set out in the notification below, the sale of shares by SSA Investments solely relates to the shares in the Company held for the benefit of its indirect shareholders Simon Arora and Robin Arora. Bobby Arora has not reduced his beneficial shareholding in the Company.

 
Persons Discharging Managerial Responsibilities and persons closely 
 associated with them notification 
 
  1.                      Details of the person discharging managerial responsibilities/person 
                          closely associated 
                        -------------------------------------------------------------------------- 
 
  Legal person            SSA Investments S.àr.l. 
 
                          with registered address at 5, Heienhaff, Sennigerberg, 
                          L-1736 Luxembourg and registered with the Luxembourg 
                          Trade and Companies Register under number RCS Luxembourg 
                          B 187251 
                        -------------------------------------------------------------------------- 
 
  2.                      Reason for the notification 
                        -------------------------------------------------------------------------- 
                        This notification concerns SSA Investments S.àr.l. 
  Position/status        ("SSA Investments"), a shareholder of B&M European Value 
                         Retail S.A. (the "Issuer"), as a person closely associated 
                         ("PCA") with the following persons discharging managerial 
                         responsibilities ("PDMR"): 
 
                         Bobby Arora, Group Trading Director, PDMR in relation 
                         to the Issuer's Group. 
 
                         SSA Investments is an investment vehicle for certain 
                         members of the Arora family through which they beneficially 
                         own 4.194% of the shares in the Issuer. As Simon Arora 
                         and Bobby Arora each hold approximately 38.6% of the 
                         shares in SSA Investments with the remainder held by 
                         Robin Arora and Praxis Nominees Limited, SSA Investments 
                         qualifies as a PCA of Bobby Arora in the sense of article 
                         3(1)(26)(d) of MAR. 
 
                         This sale of shares by SSA Investments solely relates 
                         to the shares in the Issuer held for the benefit of Simon 
                         Arora and Robin Arora. Bobby Arora has not reduced his 
                         beneficial shareholding in the Issuer. 
                        -------------------------------------------------------------------------- 
 
  Initial                 Initial 
  notification/ 
  amendment 
                        -------------------------------------------------------------------------- 
 
  3.                      Details of the issuer, emission allowance market participant, 
                          auction platform, auctioneer or auction monitor 
                        -------------------------------------------------------------------------- 
 
  Issuer                  B&M European Value Retail S.A. 
                        -------------------------------------------------------------------------- 
 
  LEI                     213800UK7ZRLY2K1X530 
                        -------------------------------------------------------------------------- 
 
  4.                      Details of the transaction(s) 
                        -------------------------------------------------------------------------- 
 
  Description             Shares 
  of the financial 
  instrument, 
  type 
  of Instrument 
                        -------------------------------------------------------------------------- 
 
  Identification          ISIN LU1072616219 
  Code 
                        -------------------------------------------------------------------------- 
 
  Nature of               Disposal 
  the transaction 
                        -------------------------------------------------------------------------- 
 
  Currency                GBP 
                        -------------------------------------------------------------------------- 
 
  Price(s) and            Price                       Volume               Total 
  volume(s) 
                        --------------------------  -------------------  ------------------------- 
 
                          GBP 5.809568399             27,821,400           GBP 161,630,326 
                        --------------------------  -------------------  ------------------------- 
 
  Aggregated              Price                       Volume               Total 
  Information 
                        --------------------------  -------------------  ------------------------- 
 
                          GBP 5.809568399             27,821,400           GBP 161,630,326 
                        --------------------------  -------------------  ------------------------- 
 
  Date of Transaction     13 December 2023 
                        -------------------------------------------------------------------------- 
 
  Place of transaction    Outside a trading venue 
                        -------------------------------------------------------------------------- 
 
 
                                                                                                                                                          Date and 
                                                                                                                                                          signature 
                                                                                                                                                          Shane 
                                                                                                                                                          Califf 
                                                                                                                                                          Marija 
                                                                                                                                                          Prechtlein 
                                                                                                                                                          13/12/2023 
 
 
     (1) For natural persons: the first name and the last name(s). 
     For legal persons: full name including legal form as provided 
     for in the register where it is incorporated, if applicable. 
   (2) For persons discharging managerial responsibilities: the 
    position occupied within the issuer, emission allowances market 
    participant/auction platform/auctioneer/auction monitor should 
    be indicated, e.g. CEO, CFO. 
    For persons closely associated: 
     *    an indication that the notification concerns a person 
          closely associated with a person discharging 
          managerial responsibilities, 
 
 
     *    the name and position of the relevant person 
          discharging managerial responsibilities. 
   (3) Indication that this is an initial notification or an amendment 
    to prior notifications. In case of amendment, explain the error 
    that this notification is amending. 
   (4) Full name of the entity. 
   (5) Legal Entity Identifier code in accordance with ISO 17442 
    LEI code. 
   (6) Indication as to the nature of the instrument: 
     *    a share, a debt instrument, a derivative or a 
          financial instrument linked to a share or a debt 
          instrument; 
 
 
     *    an emission allowance, an auction product based on an 
          emission allowance or a derivative relating to an 
          emission allowance. 
   (7) Instrument identification code as defined under Commission 
    Delegated Regulation supplementing Regulation (EU) Ndeg 600/2014 
    of the European Parliament and of the Council with regard to 
    regulatory technical standards for the reporting of transactions 
    to competent authorities adopted under Article 26 of Regulation 
    (EU) Ndeg 600/2014. 
   (8) Description of the transaction type using, where applicable, 
    the type of transaction identified in Article 10 of the Commission 
    Delegated Regulation (EU) 2016/522 adopted under Article 19(14) 
    of Regulation (EU) Ndeg 596/2014 or a specific example set out 
    in Article 19(7) of Regulation (EU) No 596/2014. Pursuant to 
    Article 19(6)(e) of Regulation (EU) Ndeg 596/2014, it shall be 
    indicated whether the transaction is linked to the exercise of 
    a share option programme. 
   (9) Where more than one transaction of the same nature (purchases, 
    sales, lendings, borrows, ...) on the same financial instrument 
    or emission allowance are executed on the same day and on the 
    same place of transaction, prices and volumes of these transactions 
    shall be reported in this field, in a two columns form as presented 
    above, inserting as many lines as needed. 
    Using the data standards for price and quantity, including where 
    applicable the price currency and the quantity currency, as defined 
    under Commission Delegated Regulation supplementing Regulation 
    (EU) Ndeg 600/2014 of the European Parliament and of the Council 
    with regard to regulatory technical standards for the reporting 
    of transactions to competent authorities adopted under Article 
    26 of 
    Regulation (EU) Ndeg 600/2014. 
 
 
   (10) The volumes of multiple transactions are aggregated when 
    these transactions: 
     *    relate to the same financial instrument or emission 
          allowance; 
 
 
     *    are of the same nature; 
 
 
     *    are executed on the same day; and 
 
 
     *    are executed on the same place of transaction. 
 
 
    Using the data standard for quantity, including where applicable 
    the quantity currency, as defined under Commission Delegated 
    Regulation supplementing Regulation (EU) Ndeg 600/2014 of the 
    European Parliament and of the Council with regard to regulatory 
    technical standards for the reporting of transactions to competent 
    authorities adopted under Article 26 of Regulation (EU) Ndeg 
    600/2014. 
   (11) Price information: 
     *    In case of a single transaction, the price of the 
          single transaction; 
 
 
     *    In case the volumes of multiple transactions are 
          aggregated: the weighted average price of the 
          aggregated transactions. 
 
 
    Using the data standard for price, including where applicable 
    the price currency, as defined under Commission Delegated Regulation 
    supplementing Regulation (EU) No 600/2014 of the European Parliament 
    and of the Council with regard to regulatory technical standards 
    for the reporting of transactions to competent authorities adopted 
    under Article 26 of Regulation (EU) No 600/2014. 
   (12) Date of the particular day of execution of the notified 
    transaction. Using the ISO 8601 date format: YYYY-MM-DD; UTC 
    time. 
   (13) Name and code to identify the MiFID trading venue, the 
    systematic internaliser or the organised trading platform outside 
    of the Union where the transaction was executed as defined under 
    Commission Delegated Regulation supplementing Regulation (EU) 
    Ndeg 600/2014 of the European Parliament and of the Council with 
    regard to regulatory technical standards for the reporting of 
    transactions to competent authorities adopted under Article 26 
    of Regulation (EU) Ndeg 600/2014, or if the transaction was not 
    executed on any of the above 
    mentioned venues, please mention 'outside a trading venue'. 
 

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END

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December 19, 2023 04:04 ET (09:04 GMT)

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